Tech

Indian Startup Funding — Startups Raised $272 Mn This Week

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SUMMARY

Between August 11 and 16, Indian startups raised $272.1 Mn across 18 deals, a 38% uptick from the $197.4 Mn raised by 25 startups in the preceding week

The AI sector dominated dealmaking this week, with Graas.ai, Refold AI and Spike AI raising fresh funding rounds

Peak XV was the most active investor this week, backing Truemeds, Arintra, Dashverse and Graas.ai

Investment activity across India’s startup ecosystem gained further steam this week, buoyed by marquee deals….

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